Skip to main content

About your Search

20121201
20121231
STATION
CNNW 2
LANGUAGE
Search Results 0 to 1 of about 2 (some duplicates have been removed)
CNN
Dec 23, 2012 7:00am PST
next year, new tax in new york city will carry a made in mexico label. mexico is the top exporter of flat screen tvs. in fact, mexico exports more manufactured products than all the other countries in latin america combined. three main factors are in play. for one, geography. sharing a border with the united states means heavy products are cheaper to transport across than if they were manufactured in asia. the second factor is nafta, mexican products are subject to lower duties than those from other countries. in fact, the economist points out that mexico has trade deals with 44 countries, the most of any nation in the world. the third factor is wages. as other manufacturing hubs become more expensive, mexico has become more competitive. according to hsbc in 2000 mexican workers earned nearly five times the salary of their chinese peers. but by 2011, mexican workers were only about a third more expensive than chinese workers. when you project all these advantages into the next few years, mexico's economic future looks robust. the national intelligence council released an important
Search Results 0 to 1 of about 2 (some duplicates have been removed)